Deadline approaches for electric car purchase subsidies in Hungary

Budapest, March 30 (MTI) – Saturday is the application deadline for government purchase subsidies for electric cars, the economy minister said, noting that 3 billion forints (EUR 9.7m) has been earmarked for subsidies this year.

Over 200 applications were approved over the past five months and another 300 are being assessed, Mihály Varga said, presenting an electric car in Óbuda University.

Varga said businesses submitted around half of applications, and those from private individuals have risen from 30 percent to 42 percent. Over half of all applications were submitted in Budapest and its region.